Jim Cramer, host of Mad Money, shared his thoughts on Thursday about how a few technology companies are navigating the current market environment in relation to tariff concerns.
“In any given market, you need to understand the themes, what’s really going on, not in the averages but underneath… Let’s take a moment to figure out where the money’s going and where it’s coming from. Let’s do the winners first, as they’re stark and glaring.”
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Cramer pointed out that a lot of the tech companies now appear to be “immunized against tariffs.” He noted that Apple’s recent agreement with the White House sent reverberations across the sector. Cramer said that the “pin action” rippled through much of the technology space. However, he clarified that while much of tech benefited, not every corner of the sector shared in the momentum.
One clear exception, Cramer noted, was the cybersecurity space, which took a hit following a disappointing earnings report from Fortinet. He explained that it led to a broader decline across the cybersecurity category, which he attributed to the way these companies are bundled together in ETFs. Cramer likened it to selling off hardware companies simply because software stocks are under pressure. He added:
“… The market’s practicing collective punishment. I say that’s like selling hardware stocks because software’s down. Oh, and by the way, software, whoa, the enterprise kind, that is just getting crushed. Think about this, if it involves coding, it’s horrendous because AI, we don’t need a lot of coding.”
Our Methodology
For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on August 7. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the first quarter of 2025, which was taken from Insider Monkey’s database of 1,000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
15 Stocks Jim Cramer Commented On
15. Ralph Lauren Corporation (NYSE:RL)
Number of Hedge Fund Holders: 45
Ralph Lauren Corporation (NYSE:RL) is one of the stocks Jim Cramer commented on. Cramer discussed the company’s earnings and conference call during the episode, as he stated:
“Today, something happened on the Ralph Lauren conference call that was a harsh reminder not to expect that this market cares at all about what’s already happened. It only cares about what’s going to happen next… I gotta tell you, I loved it. Patrice Louvet is an amazing CEO, and Ralph Lauren’s been a terrific performer, a real standout in apparel. The actual quarterly results were phenomenal… Louvet was effusive about the business… which is what made me say this one could be a real winner today on Squawk on the Street.
… That’s everything I wanted to hear. Music to my ears… So I go out hard in favor of the stock on Squawk on the Street before the market opens, okay, emphasizing how Ralph Lauren’s never outta style brand can transcend all the negatives that we keep hearing about every day.
There’s only one problem: they can’t yet. They can’t actually transcend the coming negatives…
I believe that all the good things that Louvet talked about at the top of the call about the brand, the iconic company, the classic styles, well, I think they’re going to win out. I think Ralph Lauren, the company, can navigate its way through this manmade thicket. Still, though, today’s action is a textbook reminder and example of what can go wrong as we go into the fall when the tariffs hit.
I can’t blame anyone, particularly the management of Ralph Lauren, for being cautious. So I buy the weakness in Ralph Lauren, but you have to recognize that this market is rushing headlong toward the stocks of companies with no tariff exposure and away from companies like Ralph Lauren.”
Ralph Lauren Corporation (NYSE:RL) designs, markets, and sells clothing, accessories, home goods, and fragrances.
14. UL Solutions Inc. (NYSE:ULS)
Number of Hedge Fund Holders: 23
UL Solutions Inc. (NYSE:ULS) is one of the stocks Jim Cramer commented on. A caller inquired if the stock’s pullback presents a good buying opportunity or if they should take some profits. Cramer said:
“Okay, so here’s the problem with UL: that quarter was not really, when you have 40 times earnings, you can’t have a quarter that’s weaker. So we’re going to have to investigate further. I am not going to tell you to pull the trigger on that one right now.”
UL Solutions Inc. (NYSE:ULS) provides testing, inspection, certification, software, and advisory services. The company helps clients ensure safety, compliance, quality, and sustainability across several industries. In an August 2024 episode, Cramer discussed stocks with potential for growth, and UL Solutions Inc. (NYSE:ULS) was one of them. He remarked:
“Number six is UL Solutions, which helps test consumer electronics and other products. Now, this is basically a for-profit spin from a nonprofit entity, UL Standards and Engagement. Remember Underwriters Laboratories? They still control the business through a separate class of stock, but it’s a nice little business, and I’ve been impressed by CEO Jennifer Scanlon. She told a very compelling story when she came on the show. At this point, UL Solutions is the best performer in the top 10, up 96% from where it came public, up 60% from its first trade. We featured it twice. I bet it’s not done.”
Since Cramer made these comments, the company’s stock is up by 20.3%.
